Experts are raising eyebrows: real estate prices could continue to fall. A further decline in residential property prices could hit companies hard.
Devaluations also drive up the debt ratio (LTV) of corporations. Vonovia boss Rolf Buch does not expect any significant devaluations in the current year. Interest rates have reached their peak, rental growth is accelerating and potential buyers are showing more interest again, he says. “This moment is getting closer - but at the moment we are still on the brakes,” he concludes.